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PowerFleet, Inc.

PowerFleet, Inc.

NASDAQ•AIOT
CEO: Mr. Steve Towe
Sector: Technology
Industry: Communication Equipment
Listing Date: 1999-06-30
PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally. The company offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in automotive manufacturing, wholesale and retail food and grocery distribution, logistics, heavy industry, transportation, aviation, manufacturing, aerospace and defense, homeland security, vehicle rental, heavy industry, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and warehouse equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.
Contact Information
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, 07677, United States
201-996-9000
www.powerfleet.com
Market Cap
$721.31M
P/E (TTM)
-16.7
41.4
Dividend Yield
--
52W High
$8.71
52W Low
$3.70
52W Range
34%
Rank61Top 91.5%
2.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$103.64M+34.56%
4-Quarter Trend

EPS

-$0.03+60.50%
4-Quarter Trend

FCF

-$6.58M-57.55%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Revenue Grew 41.6% Total revenues reached $215.8M for six months ended September 30, 2025, marking a 41.6% increase over 2024.
Net Loss Significantly Reduced Net loss attributable to common stockholders narrowed to $(14.5)M for six months, down 40.0% from $(24.2)M last year.
Operating Cash Flow Positive Operating activities provided $10.2M cash for six months ended September 30, 2025, reversing prior period usage of $(10.8)M.
Gross Margin Expansion Noted Gross profit margin improved to 55.2% of revenue for the six months, driven by high margin services revenue growth.

Risk Factors

Macroeconomic Uncertainty Persists Currency fluctuations, supply chain disruptions, and tariffs create uncertainty impacting financial condition and future cash flows.
Sales Cycle Volatility Risk Long, unpredictable sales cycles for large deployments may cause revenue and operating results to vary significantly quarterly.
Internal Control Weaknesses Material weaknesses in internal control over financial reporting persist, though remediation plans are actively being implemented.
Integration Challenges Remain Ongoing integration of MiX Telematics and Fleet Complete presents potential challenges to realizing anticipated business benefits.

Outlook

Integration Progress Realized Significant progress made integrating MiX Telematics and Fleet Complete, realizing early operational synergies post-closing dates.
Liquidity Sufficient Twelve Months Current cash, operations cash flow, and borrowing capacity expected to meet capital needs for at least the next 12 months.
Debt Structure Optimized Capital structure optimized via refinancing existing debt facilities, enhancing liquidity and extending debt maturity profiles.
Future Financing Potential Company may seek additional financing or capital market transactions to support long-term strategic initiatives moving forward.

Peer Comparison

Revenue (TTM)

Paysafe LimitedPSFE
$1.68B
-1.0%
ADTRAN Holdings, Inc.ADTN
$1.04B
+14.3%
Ichor Holdings, Ltd.ICHR
$957.34M
+16.9%

Gross Margin (Latest Quarter)

Telesat CorporationTSAT
95.3%
-0.2pp
Sprout Social, Inc.SPT
77.7%
+0.3pp
Paysafe LimitedPSFE
57.8%
-0.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ICHR$1.08B-26.3-5.9%16.9%
GILT$1.07B46.07.2%9.6%
ITRN$875.32M15.528.5%1.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.9%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Feb 9, 2026
|
EPS:$0.04
|
Revenue:$111.69M
Reports
All Years
  • Form 10-Q - Q2 2026

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $103.64M+34.6%
    |
    EPS: $-0.03+60.5%
    Miss
  • Form 10-Q - Q1 2026

    Period End: Jun 30, 2025|Filed: Aug 11, 2025|
    Revenue: $106.43M+41.1%
    |
    EPS: $-0.09-57.1%
    Miss
  • Form 10-K - FY 2025

    Period End: Mar 31, 2025|Filed: Jun 26, 2025|
    Revenue: $362.52M+0.0%
    |
    EPS: $-0.43+12.2%
    Miss
  • Form 10-Q - Q3 2025

    Period End: Dec 31, 2024|Filed: Feb 10, 2025|
    Revenue: $106.43M+208.1%
    |
    EPS: $-0.11+250.7%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $77.02M+125.2%
    |
    EPS: $-0.02-57.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jun 30, 2024|Filed: Aug 28, 2024|
    Revenue: $75.43M+135.4%
    |
    EPS: $-0.21+653.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2023|Filed: May 9, 2024|
    Revenue: $133.74M-1.1%
    |
    EPS: $-0.05+20.0%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Sep 30, 2023|Filed: Nov 13, 2023|
    Revenue: $34.20M-0.3%
    |
    EPS: $-0.05+115.8%
    Miss